Nifty view for December 18th 2009

Dear viewers,

Trading time changing will be postpond to Jan 4th 2010.

Once again boring trade made in nifty yesterday also, again and again nifty heading at 5041 level.

Today is the 16th day in December series.

May be gap down opening in morning.

Don't try to go long here. Long only above 5200. Go short on every rise (above 5050) with shot term target 4800 with stoploss 5150.

Below 5035, quick fall upto 5005. Above 5035, then zoom upto 5065.

Below 5005, will slide upto 4980. Above 5065, then upmove till 5085.

Below 4980, non stop fall upto 4935.

Closing below 5000, will favour to bear. Closing above 5065, will favour to bull for comming days.

High volatile trade will be expected. Today will be BLACK FRIDAY..!!??

Trade with care.

Watch the below levels

4965/5005 5035 5065/5105

 PREMARKET CALLS:

Buy NIFTY FUT 4970-4985 sl 4965 targets 5005/5035

Sell NIFTY FUT 5060-5075 sl 5090 targets 5025/5010

Buy RIL above 1040 sl 1030 targets 1060/1080

Sell RIL below 1030 sl 1040 targets 1010/990

Buy SBIN above 2170 sl 2160 targets 2190/2210

Sell SBIN below 2160 sl 2170 targets 2140/2120

Buy DLF above 365 sl 360 targets 375/380

Sell DLF below 360 sl 365 targets 350/355

LOGIN AND STAY IN OUR SHARING PLACE (HTTP://PRABHA6464.FREESHOUTBOX.NET/) FOR LIVE CALLS DURING MARKET SESSION.

Happy trading.